Tag Archives: Domestic passenger traffic

ICRA’s report on India’s aviation industry says, April 2024 saw 132.8 lakh domestic air passengers, which was 0.6 per cent lower than 133.7 lakh in March 2024. However, it grew by 3 per cent on a y-o-y basis and was higher by 21 per cent than pre-COVID levels. The airlines’ capacity deployment in April 2024 was higher than April 2023 by 2 per cent.

Domestic passenger traffic was around 7% lower in July 2022 compared to around 10.5 million in June 2022, given some impact of the cyclicality in passenger travel, mainly arising from the lean period during monsoon coupled with impact on leisure travel due to hardening of air travel fares, revealed ICRA.

As per an ICRA study, though restricted recommencement of domestic air traffic has begun, this will in no case help the industry to recover lost ground in FY2021. Overall, FY2021 is expected to witness 41-46% de-growth in domestic passenger traffic. However, H2 FY2021 will witness some recovery.

Global passenger traffic demand in September rose 5.7 per cent compared to the same month in 2016, according to IATA’s global passenger traffic results. This was the slowest year-on-year increase since February. Domestic passenger traffic demand climbed 4.2 per cent in September compared to September 2016. India and China continued to lead all markets with double-digit annual traffic increases while elsewhere, results were mixed. Capacity rose 4.7 per cent and load factor slipped 0.4 percentage points to 82.2 per cent. “September’s growth in passenger demand was healthy, notwithstanding the impact of extreme weather events on the Americas,” said Alexandre de Juniac, IATA’s Director General and CEO. “Global economic conditions support rising passenger demand, but with higher cost inputs, the demand stimulation from lower fares has waned, suggesting a moderating trend in traffic growth.” International RPKs climbed 6.5 per cent with airlines in all regions recording growth compared to 2016. Total capacity climbed 5.6 per cent, and load factor rose 0.7 percentage points to 81.3 per cent. Asia-Pacific airlines’ traffic rose 8.7 per cent in September compared to the year-ago period, the strongest growth among regions. Capacity increased 7.8 per cent, and load factor climbed 0.6 percentage points to 78.3 per cent. A solid regional economic backdrop, helped by robust growth in China, is supporting passenger demand within the region.